Abstract

ABSTRACT: In this study, beef cattle farmers’ perceptions of risk and risk management strategies, and their determinants were analyzed using factor analysis and partial least squares regression analysis. The data set used in this study came from a survey conducted in Erzurum Province. The results demonstrated that variability in fodder price, insufficient farm income, uncertainty in government policies were perceived as the most important risks. Clean cattle shelter, off-farm income, monitoring and preventing livestock diseases were perceived as the most important risk management strategies. Results, also, demonstrated that some characteristics of farmers affected farmers’ perceptions. In this study, it was identified that the most important risk sources were economics-based. So, it was recommended that the government policy should be focused on preventing the fluctuations in input/output prices.

Highlights

  • Agricultural production is a basic and indispensable economic activity for human nutrition production

  • The mean family size was 5.59 people (SD: 1.67). 55.00% of sample farmers had an off-farm income source. 9.17% of the farmers stated that they had never met with the extension staff during beef cattle farming activities

  • The description of independent variables and their descriptive statistics are present in table 1

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Summary

Introduction

Agricultural production is a basic and indispensable economic activity for human nutrition production. The annual per capita consumption of red meat is 12.4 kg in Turkey in 2019 This values are 26.99 kg and 10.31 kg in the USA and in the European Union (27 countries), respectively (OECD, 2019). This situation shows the need to increase the supply of animal products in Turkey. The level of consumption of animal products such as meat is considered one of the indicators which related to countries’ development level. This is because of the importance of animal products in a person’s daily diet.

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